Studio owners revise plans for $1-billion update of historic Television City
Briefly

from Los Angeles Times1 month ago
CBS sold the famous studio for $750 million in 2019 to Hackman Capital Partners, one of the world's largest movie lot owners and operators.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-04-04/studio-owners-revise-plans-for-1-billion-update-of-historic-television-city
If approved, the new project is expected to be completed by 2028, with enhancements based on feedback from nearby residents, stakeholders, and city officials.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-04-04/studio-owners-revise-plans-for-1-billion-update-of-historic-television-city
Hackman Capital is responding to changing office rental market conditions, post-COVID-19, by adjusting plans for creating new offices to accommodate the evolving demand.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-04-04/studio-owners-revise-plans-for-1-billion-update-of-historic-television-city
Read at Los Angeles Times
#television-city #modernization #studio-development #hackman-capital-partners #foster--partners
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